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Cochabamba · Cost of Living 2026
City Guide · Bolivia · South America

Cost of Living in Cochabamba, Bolivia
2026 Expat Guide

very affordable 55% below the global city average (CoL 87.2)

Life in Cochabamba, Bolivia is wallet-friendly with a cost-of-living index of 39.0 (NYC = 100). Expect to pay around ~$260/month for central housing and ~$3 for a basic meal out.

With a population of 841,000, Cochabamba is a mid-size city in Bolivia.

Monthly Budget: $500–800/month  ·  CoL Index: N/A (NYC = 100, global avg 87.2)
🇧🇴 Bolivia Pop. 841k Updated April 2026
CoL Index
N/A
NYC = 100
Rent Index
N/A
NYC = 100
1-BR Centre
$260
monthly rent
Avg. Salary
$1,052
net/month
Cheap Meal
$3
restaurant
Groceries
$252
monthly basket

Key Cost of Living Data

Cochabamba 2026 · NYC baseline = 100

Cost of Living
N/A
Rent Index
N/A
Cheap Meal USD
$3
Monthly Groceries
$252
Monthly Transport
$47
CategoryValueNotesSource
CoL IndexN/ANYC baseline = 100 · global avg 87.2GlobalCostData 2026
Rent IndexN/AAvg rent vs NYCGlobalCostData 2026
1-BR City Centre$260Monthly rent, USDGlobalCostData 2026
1-BR Outside Centre$169Monthly rent, USDGlobalCostData 2026
Cheap Restaurant Meal$3Per person, USDGlobalCostData 2026
Monthly Groceries$252Single person, USDGlobalCostData 2026
Monthly Transport$47Transit pass, USDGlobalCostData 2026

Affordability snapshot

Rent / Salary ratio
25%

Share of average net salary absorbed by 1-bed city-centre rent. Lower = more disposable income.

Country context · Bolivia

Avg net salary
$1,052
Food basket /mo
$268
Avg rent /mo
$260
Internet speed
30 Mbps
Safety index
4.0
HDI
0.698
Life expectancy
70.2 yrs
Purchasing power
28.6

Housing & Rent

USD per month · 2026

TypeUSD / monthNotes
1-bed, city centre$260Capital city avg.
1-bed, outside centre$169Suburbs avg.
Country avg rent$260Bolivia (national)

Food & Dining

Per-item prices in USD

ItemPrice (USD)Notes
Cheap restaurant meal$3Per person
Mid-range restaurant (2p)$83-course
Monthly groceries (single)$252Single person estimate
Country food basket$268Bolivia (national avg)

Transport

Monthly costs in USD

TypePrice (USD)Notes
Monthly transit pass$47Public transport avg.

City Insight

In Cochabamba, a 1-bedroom city-centre apartment ($260/mo) absorbs approximately 25% of the average net salary ($1,052/mo). This leaves solid disposable income.

Country profile
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Monthly Budget Estimates

Cochabamba · 2026 · Single person

LifestyleMonthly Budget (USD)Notes
Frugal$500Shared room, basic lifestyle
Comfortable$8001-bed apt, normal expat lifestyle
Western expat$1,300Private apt, regular travel

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Frequently Asked Questions

Cochabamba cost of living

Is Cochabamba good for digital nomads on a budget?
Cochabamba is one of the more affordable cities for digital nomads, with a CoL Index of 39.0 (roughly 61% below New York City). A comfortable remote-work lifestyle — including a private apartment, fast internet, and regular dining out — typically costs $390–$546/month, making it highly competitive on a USD or EUR income.
What is the cheapest area to live in Cochabamba?
Outside the city centre, a 1-bedroom apartment in Cochabamba averages $169/month, compared to $260/month in central areas. Outer districts and emerging neighbourhoods can be even cheaper — local expat forums are the best source for current listings.
How does Cochabamba compare to other affordable cities?
With a CoL Index of 39.0, Cochabamba sits comfortably in the affordable tier (below 60 on the NYC=100 scale). It compares favourably with similar budget destinations in the region, offering a good balance of infrastructure and low cost that appeals to long-stay travellers and expats alike.
How does Cochabamba compare to New York City for cost of living?
Cochabamba is approximately 61% cheaper than New York City overall (CoL Index 39.0 vs NYC baseline of 100). Rent specifically is 87% lower than NYC. Expats from NYC will enjoy significant savings.
What is the average salary in Cochabamba?
The average net monthly salary in Cochabamba is approximately $1,052, equivalent to around $12,624/year after taxes. Technology, finance, and international companies typically pay above average. Expat packages often include housing allowances on top of the base salary.

Cities With Similar Cost of Living

Comparable CoL Index (+/- 10 points) to Cochabamba

Sources: World Bank Open Data 2026 · GlobalCostData Research 2026. Data verified April 2026. Not financial or legal advice.
Disclaimer: Prices are indicative and vary by neighbourhood and individual lifestyle. Verify with local sources before relocating.